How do I do this regression as I'm really stuck..
Regress wage on intercept, education, experience and
these three dummy variables. Note that “female” is a dummy
variable taking 1 if person is female (0 otherwise), “nonwhite” is a dummy variable taking value 1 if
person is of non-white ethnic origin (0 otherwise), and “union” is a dummy variable taking value 1 if
person is a union member (0 otherwise).
And also when you have a regress on the intercept what are the standard rules for writing the code to regress?
Many thanks.
Regress on the intercept
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startz
- Non-normality and collinearity are NOT problems!
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Re: Regress on the intercept
In EViews you include the symbol "C" as a right hand side variable when you want an intercept.
Re: Regress on the intercept
So it would be
ls wage c education experience female nonwhite union
For this regression? Thanks.
Edit: I've done it now thanks! :D
ls wage c education experience female nonwhite union
For this regression? Thanks.
Edit: I've done it now thanks! :D
Last edited by jisoo95 on Sat Mar 22, 2014 8:12 am, edited 1 time in total.
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startz
- Non-normality and collinearity are NOT problems!
- Posts: 3797
- Joined: Wed Sep 17, 2008 2:25 pm
Re: Regress on the intercept
If you are typing this into the command window, you need to start with the regression command "ls"So it would be
wage c education experience female nonwhite union
For this regression? Thanks.
Edit: I'm getting syntax error what have I done wrong?
Code: Select all
ls wage c education experience female nonwhite union
Re: Regress on the intercept
Cheers just realised from looking at my notes many thanks!
Re: Regress on the intercept
I wonder if you can help me with the next part so I have this regression
I have to
"Comment on your regression findings, with particular interest in explaining how these three categories of persons do in terms of expected wage, relative to other category, eg. Female v male, non-white v white, and union v non-union. "
For this what parts of the regression produced do I need to look at to be able to answer this question?
The regression is attached.
I have to
"Comment on your regression findings, with particular interest in explaining how these three categories of persons do in terms of expected wage, relative to other category, eg. Female v male, non-white v white, and union v non-union. "
For this what parts of the regression produced do I need to look at to be able to answer this question?
The regression is attached.
- Attachments
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- regression.png (19.15 KiB) Viewed 8590 times
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EViews Glenn
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Re: Regress on the intercept
The FEMALE, NONUNION and WHITE dummy variable coefficients. I think your textbook (looks like Wooldridge), has a discussion of how to do this.
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